Sarawak Projects US$7 Bln Investments Through Strategic Cooperation With Global Players -- Abang Johari

Bursa Malaysia Ends Higher On Fed Rate Cut, Bucks Regional Trend

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.

Rubber Market Closes Lower, Tracking Losses In Regional Futures And Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 11 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, in tandem with losses in crude oil prices and regional rubber futures markets, as ringgit strengthened against the US dollar, a dealer said.

Uni-Fuels Secures Three-Year Supply Of Marine Fuels 

KUALA LUMPUR, Dec 11 (Bernama) -- Uni-Fuels Holdings Limited, a Singapore-based global provider of marine fuel solutions, has announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has received a Letter of Award (LOA) for a three-year marine fuel supply contract.

Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions

KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.

Senate: US Did Not Raise Bumiputera Rights Issue In Signing Of ART - MITI

KUALA LUMPUR, Dec 11 (Bernama) -- The United States (US) has never demanded or raised the issue of Bumiputera rights as one of the clauses in the Agreement on Reciprocal Trade (ART) between Malaysia and the US, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.

Gemas–Johor Bahru Electrified Double-track Line Launched, Revolutionising National Transport

JOHOR BAHRU, Dec 11 (Bernama) -- Malaysia marked a historic milestone in its national transport development with the launch of operations on the Gemas–Johor Bahru electrified double-track rail line today.

Bursa Malaysia Rises On Wall Street Rally, Fed Cut

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by regional market optimism and Wall Street’s rebound following the US Federal Reserve (Fed)’s rate cut.

Malaysia, Russia Explore Cooperation Under National Atomic Energy Programme

KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia and Russia are exploring new avenues of cooperation in the peaceful use of nuclear energy as Putrajaya finalises its National Atomic Energy Programme.

Russia Seeks To Deepen Trade, Economic Cooperation With Malaysia -- Ambassador

KUALA LUMPUR, Dec 10 (Bernama) -- Russia is seeking to deepen trade and economic cooperation with Malaysia, particularly in the electronics and semiconductor sectors, which Moscow considers strategically important amid global supply-chain shifts.

N. Sembilan Actively Developing New Industrial Areas To Drive Quality Investment - Exco

SEREMBAN, Dec 10 (Bernama) -- The Negeri Sembilan government is capable of attracting quality, high-impact investments, particularly in the electrical and electronics, semiconductor, aerospace, food technology and pharmaceutical sectors - all of which align with the targeted clusters under the Central Region industrial development plan.

Bursa Malaysia's Index Ends Lower, Broader Market Positive, Ahead Of Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.